Vince McMahon & WWE Face New Lawsuit Over “Horrifying Allegations”

Vince McMahon

A fourth lawsuit is now facing WWE as an investor brings action against the company as a result of the “horrifying allegations” levelled at Vince McMahon.

Dennis Palkon has brought an action against the company in Delaware’s Chancery Court. The suit claims to be concerned with allegations of sexual misconduct and rape that have been brought against Vince McMahon with the court filing reading:

“The facts here start with horrifying allegations that Vince McMahon raped and sexually assaulted a number of WWE employees and contractors over the course of decades. When confronted, he then paid the victims nearly $15 million in “hush money” to buy off their silence. There are serious questions about how Vince McMahon obtained and delivered those funds to his victims.”

The filing also notes that Vince McMahon showed a “flagrant disregard for basic corporate governance norms and demonstrating his view that rules do not apply to him.”

With this now the fourth lawsuit pending against McMahon, Dave Meltzer noted on Wrestling Observer Radio that the first two suits could soon disappear as the reason they were brought no longer exists:

“The first two are going to be closed down because they were about basically Vince changing the bylaws and giving him more power – basically controlling the Board of Directors. When Vince erased those changes to the bylaws those lawsuits kinda have to go away but they’re still seeking settlements because they’re claiming they were the reason that he did that so, therefore, they deserve a settlement but the suits themselves are going away.”

Bloomberg has also reported that these suits have requested permission to drop their claims in light of McMahon scrapping the bylaw changes and instead pursue a “mootness fee” for forcing McMahon to make those changes.

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